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Letter of Intent
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Prepared for:
[2nd Party]

Prepared by:
[1st Party]

Letter of Intent

[Date]

[Name of the 1st Party]
[Company Name]
[Company Address]

[Name of the 2nd Party]
[Company Name]
[Company Address]
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Subject: Letter of Intent

Dear [Recipient Name],

This Letter of Intent is regarding the specific action [Purchase/Partner/Acquire/License/etc] described herein between the 1st Party, having its principal place of business at [Address] and 2nd Party, having its principal place of business at [Address]. This Letter of Intent does not represent an enforceable contract.
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The Letter of Intent is based on the following conditions:

1. Purpose

This Letter of Intent is for [Define the specifics regarding the items for intent listing and provide your intent concerning the liabilities] between the Parties as on the effective date [Date].

2. Considerations

The aggregate purchase price for the above-mentioned services is $[0.00], which shall be negotiated between the Parties in good faith:

[Mention the Consideration].

3. Due Diligence

Following the execution of this Letter of Intent, the Party will conduct the due diligence and maintain confidentiality subject to the terms of the Non-Disclosure Agreement (NDA) as dated on [Date]. The Parties will complete the due diligence with efficiency.

4. No Binding Obligation

This Letter of Intent does not create any legally binding or enforceable obligation on either Party. No such obligation shall be created except by the execution of the Letter of Intent, and the terms and conditions of the proposed transactions between the Parties.

5. Miscellaneous

  1. Severability: In the event, any provision of this Letter of Intent is deemed to be invalid or unenforceable, in whole or part, that part shall be severed from the remainder of this Letter of Intent, and all other provisions shall remain in full force and effect as valid and enforceable.
  1. Governing Law: This Letter of Intent shall be governed in all respects by, and be construed in accordance with, the laws of State of [State].
  1. Notices: Any notices required or permitted by this Letter of Intent shall be in writing and delivered by certified mail or courier to the above-mentioned address.
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[Recipient Name]
Signature
Assign signer 1
Name
Assign signer 1
Date
Assign signer 1
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DISCLAIMER: The content provided herein is for general information purposes only, and shall not constitute legal advice. RevvSales and its partners make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information mentioned hereunder. The use or reliance of any information contained herein is solely at your own risk. You are advised to obtain independent legal advice before taking or refraining from any action on the basis of the content provided here.

Free Letter of Intent Templates

A Letter of Intent is a document between two parties before they are legally entering into an agreement. This does not bind both the parties